Macy's (M) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Macy's(M) Zacks Investment Research·2024-05-14 23:01
Macy's (M) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 21. On the other ...